U.S. stocks plunged Friday as the rout in oil continued and a report indicated that growth in China, the world’s second-largest economy, continues to slow. The market had its biggest weekly decline since May 2012.
The Dow Jones industrial average dropped 315.51 points, or 1.8 percent, to 17,280.83.
The Standard & Poor’s 500 index fell 33 points, or 1.6 percent, to 2,002.33.
The Nasdaq composite declined 54.57 points, or 1.2 percent, to 4,653.60.
For the week:
The Dow is down 677.96 points, or 3.8 percent.
The S&P 500 is down 73.04 points, or 3.5 percent.
The Nasdaq is down 127.16 points, or 2.7 percent.
For the year:
The Dow is up 704.17 points, or 4.3 percent.
The S&P 500 index is up 153.97 points, or 8.3 percent.
The Nasdaq is up 477.01 points, or 11.4 percent.
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